Barcode Label Printer Market

Barcode label printing has become a standard for a number of applications across industries. Specific printers are used to create these barcodes which help in saving time and manpower for stock management. Growth of the e-commerce industry and need for improvement in inventory management are factors contributing to the growth of the global barcode label printer market. The study also indicates that there would be a significant demand for barcode label printers in the manufacturing industry due to need for high accuracy and reduction of human errors. There has been a considerable increase in the demand for barcode printers. Increasing use of mobile printers and increased demand for packaged goods are the driving factors for the global barcode label printer market. However, the adoption of electronic shelf labels is expected to be a restraining factor for the market. The global barcode label printer market has been broadly classified by type, resolution, technology, and end user. By type, the barcode label printer market has been segmented into desktop printer, industrial printer, portable printer. Among these, the industrial printer segment dominated the market in 2018.

By resolution, the barcode label printer market has been divided into below 300dpi, between 301 to 600 dpi, and above 600 dpi. The below 300dpi segment is expected to exhibit the highest CAGR during the forecast period. By technology, the market has been segmented into dot matrix, laser printing, thermal transfer, direct thermal, and inkjet. The direct thermal segment dominated the market in 2018. By end user, the market has been classified as manufacturing, transportation & logistics, retail, healthcare, government, and others. The manufacturing segment dominated the market in 2018. The global barcode label printer market comprises various manufacturers, government research firms, universities, and technical institutes that engage in research and development. The major players considered in the scope of barcode label printer market are Avery Dennison Corporation, Dascom Holdings Ltd, OKI Electric Industry Co., Ltd, Printronix Auto Id Inc., TSC Auto Id Technology Co., Ltd, Apogee Industries Inc., Sato Holdings Corporation, Honeywell International Inc., Zebra Technologies Corporation, Toshiba Tec Corporation, Canon Inc., and Fujitsu Ltd among others. The competition in the barcode label printer market is rapidly increasing owing to the entry of new players in the market serving various application areas.